Ecobank Nigeria has restated its commitment to be the leading Small and Medium Enterprises (SME) friendly and supporting bank in the country.
Speaking at a public fora in Lagos, the head, SME and Value Chain Banking, Ecobank Nigeria, Mr Sunkanmi Olowo, said that the various initiatives recently embarked upon by the bank are targeted at increasing funding and support to the SME sub-sector, stressing that, Ecobank having recognised SMEs as the engine room of the nation’s economic growth, would continue to step up support to the sub-sector.
Among various initiatives the bank had embarked on recently include launching of the SME Club, unveiling the e-commerce online platform, MyMall, and training and providing financial support to some SMEs under the Ecobank New Venture Initiative’ (ENVI), among others.
The Ecobank SME Club aims to provide preferential business Support and tailored products and services to its teeming customers across the country. The SME Club serves as a platform for adding value to SMEs through information mining, networking, and capacity building.
According to Olowo, “The benefits of the SME Club to customers are numerous. It offers business/capacity development and technical assistance, provides business, accounting, tax, legal and other services and platforms, B2B linkage across Africa, access to market information, economic updates, exchange rate information, international markets and finance, online marketing/sales (24/7), active support from government backed organisations and quarterly working sessions led by experts.”
